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QNST
NASDAQ Technology

QuinStreet Soars on Record Q3 Revenue of $346.1M, Projects Strong Q4 Growth

feedReported by Wiseek News
Sentiment info
Positive
Importance info
9
Price
$13.01
Mkt Cap
$761.439M
52W Low
$10.285
52W High
$18.41
Market data snapshot near publication time

summarizeSummary

QuinStreet reported record fiscal Q3 2026 revenue of $346.1 million, marking a 28% year-over-year increase, alongside record adjusted EBITDA of $29.6 million, up 53% year-over-year. The company also issued robust Q4 revenue guidance of $350-$370 million and adjusted EBITDA guidance of $37-$43 million, indicating continued growth. This strong performance follows the Q2 FY26 earnings report and highlights successful integration of the HomeBuddy acquisition, which contributed to a record quarter for Home Services. The significant year-over-year growth in key financial metrics, coupled with $36.9 million in operating cash flow, demonstrates strong operational momentum and improving profitability. The company also emphasized expanded application of AI across its operations. Traders will likely view these results and forward guidance as highly positive, suggesting a strong trajectory for the company. Investors should monitor the execution of Q4 guidance and further developments in AI integration.

At the time of this announcement, QNST was trading at $13.01 on NASDAQ in the Technology sector, with a market capitalization of approximately $761.4M. The 52-week trading range was $10.29 to $18.41. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Wiseek News.


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